From magic circle to a screen near you

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PLC, the legal publisher, is poised to acquire a niche software company, Legistics, whose system, Inform, is an electronic project management tool that automates, streamlines and documents the process of conducting legal due diligence in corporate finance transactions, such as acquisitions and securitisations (www.legistics.co.uk).

On completion of the due diligence task, the system can be deployed as a post-transaction compliance and contract management tool. Legistics was founded by two corporate finance lawyers, formerly of a “magic circle” law firm, with whom the first version of the system was developed. This venture represents a fascinating development for PLC, which enjoys a